Acquired 73,302 shares on
the vesting of a grant of performance-based restricted stock units ("PBS
RSUs") originally made on April 13, 2016 pursuant to the Carnival Corporation
2011 Stock Plan. Each PBS RSU represented one share of Carnival Corporation
common stock.The reporting person was eligible to earn
from 0-200% of the stated target amount of PBS RSUs to the extent that
Carnival Corporation & plc's annual operating income, as adjusted for
certain fuel price changes and currency exchange rate impact for each of the
three fiscal years in the 2016-2018 performance cycle and return on invested
capital at the end of the three year performance cycle exceed specified
performance goals, as modified at the end of the three year performance cycle
for Carnival Corporation & plc's total shareholder return rank relative
to peers.This includes shares from
the settlement of dividend equivalents accumulated during the PBS RSU
restricted period.

c)

Price(s) and
volume(s)

Price(s)

$0.00

Volume(s)

73,302

d)

Aggregated information

- Aggregated volume

- Price

73,302

$0.00

e)

Date of the
transaction

2019-02-15

f)

Place of the transaction

NYSE

4B

Details of the transaction: 2

a)

Description of the
financial instrument, type of instrument

Identification code

Common stock with a nominal
value of US$0.01 per share

CUSIP: 143658300

b)

Nature of the transaction

Represents a surrender of shares to
satisfy the tax obligation on the release
of vested PBS RSUs.

c)

Price(s) and volume(s)

Price(s)

$57.0837

Volume(s)

28,846

d)

Aggregated information

- Aggregated
volume

- Price

28,846

$57.0837

e)

Date of the transaction

2019-02-15

f)

Place of the
transaction

Off Market

Arnaldo Perez

General Counsel
& Secretary

Carnival
Corporation & plc

3655 NW 87th
Avenue

MLGL-815

Miami, FL 33178

T: 305.599.2600

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Carnival Corporation (PR)'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

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